Inside these posts: House legislation

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GOP bill would kill Fannie, Freddie

Freddie Mac's offices in McLean, Va. (Paul J. Richards/AFP/Getty Images)

A key Republican in the House of Representatives Thursday said he would try for the third time to eliminate mortgage finance giants Fannie Mae and Freddie Mac within five years.

“We have waited for years to do something. It is time to start doing something,” Texas Rep. Jeb Hensarling, the fourth ranking House Republican, said in an interview with a small group of reporters in his office. Get the full story »